Buddha Bhumi Nepal Hydro Rights Share Allotment News

ictframe.com · 4 days ago

Buddha Bhumi Nepal Hydropower Company has completed the allotment of its rights share issuance, a move aimed at capital expansion. A significant portion of the offering remained unsubscribed, leading to an upcoming public auction. The company offered a one-to-one rights issue, representing a 100% increase in its paid-up capital, with regulatory approval from the Securities Board of Nepal.